UK Markets closed

Eramet: Signing of the Share Purchase Agreement with the Airbus, Safran and Tikehau ACE Capital consortium

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·2-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
Eramet SA
Eramet SA

Paris, 21 June 2022, 8:30 a.m.

PRESS RELEASE

Eramet: Signing of the Share Purchase Agreement with the Airbus, Safran and Tikehau ACE Capital consortium

In a press release dated 22 February 2022, Eramet announced the signature of a Memorandum of Understanding (MoU) for the sale of its subsidiary Aubert & Duval to a consortium formed by Airbus, Safran and Tikehau ACE Capital. This agreement was subject to obtaining the opinion of the employee representative bodies.

Following their consultation process, Eramet announces today the signature of the Share Purchase Agreement with the consortium.

The operation should be completed by the end of the year, subject to the waiver of certain conditions precedent, including the obtaining of regulatory approvals1.

Aubert & Duval is one of the world's leading producers of high-performance steels, superalloys, titanium and aluminum and a strategic supplier for the aerospace industry.

Calendar

27.07.2022: Publication of 2022 half-year results

27.10.2022: Publication of 2022 Group third-quarter turnover

ABOUT ERAMET

Eramet transforms the Earth’s mineral resources to provide sustainable and responsible solutions to the growth of the industry and to the challenges of the energy transition.

Its employees are committed to this through their civic and contributory approach in all the countries where the mining and metallurgical group is present.

Manganese, nickel, mineral sands, lithium, and cobalt: Eramet recovers and develops metals that are essential to the construction of a more sustainable world.

As a privileged partner of its industrial clients, the Group contributes to making robust and resistant infrastructures and constructions, more efficient means of mobility, safer health tools and more efficient telecommunications devices.

Fully committed to the era of metals, Eramet’s ambition is to become a reference for the responsible transformation of the Earth’s mineral resources for living well together.

www.eramet.com

INVESTOR CONTACT

Director of Investor Relations

Sandrine Nourry-Dabi
T. +33 1 45 38 37 02
sandrine.nourrydabi@eramet.com

 

 

PRESS CONTACT

 

Communications Director

Pauline Briand

pauline.briand@eramet.com

 

Image 7

Marie Artzner
T. +33 1 53 70 74 31 | M. +33 6 75 74 31 73
martzner@image7.fr


1 Notably with regard to competition and market concentration

 

Attachment


Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting